M&A Finance Analyst

Job Description Summary

Requires specialized depth and/or breadth of expertise including strong knowledge of US GAAP. Interprets internal or external business issues and recommends best practices. Solves unique and complex problems that have a broad impact on the business. Works independently, with guidance in only the most complex situations. Contributes to the development of functional strategy. Leads project teams to achieve milestones and objectives.

Job Description

Applied Materials is the leader in materials engineering solutions to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. Our innovations make possible™ the technology shaping the future. To achieve this, we employ some of the best, brightest, and most talented people in the world who work together as part of a winning team. 

While virtually every nationality, culture, and background are currently represented within Applied Materials, we strive for a more robust Culture of Inclusion (COI) and diversity. Leveraging our COI vision helps drive innovation, build organizational capabilities, create equal opportunities for everyone, and achieve our company's definition of Winning.

Applied Materials' Corporate Controller's team is looking for an experienced professional for the position of Finance Analyst IV, Mergers & Acquisitions.  This role will report to the Finance Senior Director of Mergers & Acquisitions, Investments and Revenue, this role will be responsible for participating in financial due diligence, deal negotiation and integration/separation activities for acquisitions/joint ventures/divestitures, including liaising with Corporate and Business Unit functions, accounting for transactions properly and preparing related technical memos,  financial statement preparation and related audit coordination.  Your primary responsibility will be to support the M&A team including providing expert-level accounting consultations and financial analysis support to M&A, Business Units, and Corporate functions regarding acquisitions, joint ventures, divestitures and minority investment accounting.

Our ideal candidate is a top performer who can manage multiple projects on a real-time basis and has demonstrated the ability to identify and resolve deal and integration challenges. Experience working in a matrix organization a plus and strong customer relationship skills required. This role provides excellent exposure to understand our company's business models, finance, and accounting processes throughout the acquisition, divestiture and investment processes.

Key Responsibilities

• Coordinate and participate in the financial due diligence process for both buy-side and sell-side transactions
• Review deal related documents and assist in deal negotiations
• Manage valuation service providers/liaison with external consultants, such as financial and accounting professionals
• Provide technical accounting advice for the company by researching, resolving and documenting accounting issues related to acquisitions, divestitures, minority investments, joint ventures or other transactions
• Understand and propose any adjustments to the balance sheet and income statement impacting changes resulting from compliance with company policies and US GAAP  
• Assist with SEC & acquisition-related filings including pro forma financial statements
• Develop Finance integration plans, including timelines to record opening balance sheets for acquisitions
• Oversee the preparation and recording of opening balance sheets or carve-out financial statements/disposals
• Collaborate with Business Units, Regional Finance and Corporate Accounting to map the opening balance sheet and income statement in SAP  
• Assist BU's in understanding acquisition-related accounting and costs to include in their forecast  
• Develop valuation recommendations using most up to date valuation methodologies and accounting guidance. 
• Work with the M&A team to drive and support process improvement projects for valuation and accounting related processes
• Assess the impact of new and proposed M&A or equity investment accounting pronouncements and standards to ensure compliance with SEC and US GAAP reporting requirements

Job Specific Knowledge

• M&A related experience  
• Strong US GAAP and relevant technical accounting knowledge (e.g., revenue recognition, inventory reserves, investments, joint ventures, consolidation, purchase accounting) 
• Experience auditing and/or working in the high-tech industry/manufacturing
• Experience in leading cross-functional teams
• Solid understanding of valuation techniques related to target companies, intangible and tangible assets, and employee-related liabilities

Education & Qualifications

• Minimum: BS in Finance, Business, or other related fields, and 8-10+ years of relevant experience.
• Bachelors degree in Accounting or Finance
• 5+ years M&A and purchase accounting experience
• CPA certification 
• Strong quantitative and qualitative analytical ability
• Excellent oral, written communication, and interpersonal skills
• Proven track record of working with cross-functional business leaders to achieve challenging objectives
• Ability to quickly establish rapport and gain the trust of project stakeholders
• Ability to act as financial advisor to various stakeholders 
• Ability to work independently in ambiguous situations and take the necessary steps to validate assumptions
• Excels at working as part of a team and collaborating with colleagues

Company Facts:

• Ticker: Nasdaq: AMAT
• Fiscal 2023 Revenue: $26.5 billion
• Fiscal 2023 R&D: $3.1 billion
• Founded: November 10, 1967
• Headquarters: Santa Clara, California
• Global Presence: 150 cities in 24 countries
• Manufacturing: China, Germany, Israel, Italy, Singapore, Taiwan, United States
• Employees: ~34,000 worldwide
• Patents: ~19,600 issued

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Key Responsibilities

• Identification and implementation of financial information required to comply with new and recurring US GAAP reporting rules
• Proactively identifies and resolves potential reporting issues and works closely with affected finance areas to ensure proper accumulation of financial data to support the required disclosures
• Proactive identification and resolution of transactions requiring special treatment in US GAAP financial statements.  Provides advice on technical accounting issues and drafting technical accounting interpretation memos.
• Monthly and quarter close support
• Reconcile more complex or technically challenging balance sheet accounts
• Prepare quarterly schedules for external auditors

Functional Knowledge

• Demonstrates depth and/or breadth of expertise in own specialized discipline or field 

Business Expertise

• Interprets internal/external business challenges and recommends best practices to improve products, processes or services

Leadership

• May lead functional teams or projects with moderate resource requirements, risk, and/or complexity 

Problem Solving

• Leads others to solve complex problems; uses sophisticated analytical thought to exercise judgment and identify innovative solutions

Impact

• Impacts the achievement of customer, operational, project or service objectives; work is guided by functional policies

Interpersonal Skills

• Communicates difficult concepts and negotiates with others to adopt a different point of view

Qualifications

Education:

Master's Degree

Skills:

Certifications:

Languages:

Years of Experience:

4 - 7 Years

Work Experience:

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

Yes, 25% of the Time

Relocation Eligible:

No

U.S. Salary Range:

$124,000.00 - $170,500.00

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

Applied Materials is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.